On Monday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.21% to $28.36.
Cisco Systems 2015 Midyear Security Report released recently, which analyzes threat intelligence and cybersecurity trends, reveals the critical need for organizations to reduce time to detection (TTD) in order to remediate against sophisticated attacks by highly motivated threat actors. The Angler Exploit Kit represents the types of common threats that will challenge organizations as the digital economy and the Internet of Everything (IoE) create new attack vectors and monetization opportunities for adversaries.
The report shows that new risks associated with Flash, the evolution of ransomware, and the Dridex mutating malware campaign, reinforce the need for reduced time to detection. With the digitization of business and the IoE, malware and threats become even more pervasive, which shines a light on the security industry’s estimates of 100 to 200 days for TTD. In contrast, the average TTD for Cisco Advanced Malware Protection (AMP), with its retrospective analysis of attacks that make it past existing defenses, is 46 hours.
The findings also underscore the need for businesses to deploy integrated solutions vs. point products, work with trustworthy vendors, and enlist security services providers for guidance and assessment. Further, geopolitical experts have declared that a global cyber governance framework is needed to sustain economic growth.
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.
Shares of Southwestern Energy Company (NYSE:SWN), declined -5.32% to $17.61, during its last trading session, hitting its lowest level.
Southwestern Energy Company declared its financial and operating results for the quarter ended June 30, 2015. Second quarter highlights comprise:
- Record production of 245 Bcfe, counting 2 Bcfe associated with the East Texas and Arkoma assets that were divested during the second quarter;
- Total Appalachia net production of 122 Bcfe, comprised of 87 Bcf from Northeast Appalachia (a 43% enhance contrast to year-ago levels) and 35 Bcfe from Southwest Appalachia;
- Raised 2015 production guidance to 973 Bcfe to 982 Bcfe, counting 6 Bcfe associated with the asset divestiture noted above, while decreasing 2015 capital expenditures guidance to $1.875 billion;
- Expanded firm transportation and sales portfolio in Southwest Appalachia, bringing long-term takeaway capacity to about 800 million cubic feet per day and additional firm sales enabling robust growth in 2016 and 2017;
- Early well results in Southwest Appalachia significantly outperforming offset wells;
- Favorable results from test wells in unproven acreage of Northeast Appalachia;
- Adjusted net loss attributable to common stock (a non-GAAP measure reconciled below) of $9 million, or $0.02 per diluted share when not taking into account a non-cash ceiling test impairment of natural gas and oil properties and certain other items; and
- Net cash offered by operating activities before changes in operating assets and liabilities (a non-GAAP measure reconciled below) of about $339 million.
Southwestern Energy Company explores, develops, and produces natural gas and oil in the United States. The company operates in two segments, Exploration, Development and Production; and Midstream Services. It focuses on the Fayetteville Shale, an unconventional natural gas reservoir covering about 888,161 net acres in Arkansas; and the Marcellus Shale, an unconventional natural gas reservoir covering about 266,073 net acres in northeast Pennsylvania.
Finally, United Continental Holdings, Inc. (NYSE:UAL), ended its last trade with 3.42% gain, and closed at $58.32.
United Airlines stated second-quarter 2015 net income of $1.3 billion, or $3.31 per diluted share, not taking into account $67 million of special items. Counting special items, UAL stated second-quarter net income of $1.2 billion, or $3.14 per diluted share. These results are a record quarterly profit for the company.
- The company’s Board of Directors authorized an additional $3 billion share repurchase program, which the company anticipates to complete by the end of 2017.
- In the quarter, UAL prepaid about $800 million of debt, contributed about $620 million to its pension plans and returned about $250 million to shareholders as part of its existing $1 billion share buyback program.
- UAL earned an 18.2 percent return on invested capital for the 12 months ended June 30, 2015.
United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America.
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